2 million fiscal cash registers in Turkey will be replaced this year with a new generation of devices approved by the Turkish Revenue Administration.
Within the new framework of the fight plan against underground economy the traditional security on fiscal cash registers is upgraded to a so-called new generation devices.
The transition started in 2013 when nearly 120.000 merchants choose benefits over the mandatory compliance requirements to issue fiscal receipts. Benefits such as remote device service diagnostic, PLU management, processing credit card transactions, etc all within a single device on a merchant’s counter. Many traders however are comfortable with older devices and will wait to adopt higher security devices until the final deadline call for upgrade.
All transactions will be remotely recorded using a new generation devices to a central system of the approved supplier. Besides the increase in tax revenues, expectations concerning the product and new technological infrastructure will be met at the highest level.
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